The liner carrier CMA CGM said it will make amendments to its Asia-U.S. East Coast network that center around changing its existing around-the-world PEX3 service into a straightforward all-water transpacific loop. In concert with that move, the French line will take slots on an existing China Shipping/Evergreen Line/UASC all-water service that covers ports to […]
U.S. Customs and Border Protection said officers recently confiscated more than 13,000 hair dryers at the ports of Los Angeles and Miami that posed an electrocution hazard to consumers.
The carrier COSCO Container Lines said Friday it plans to raise rates on the trade from the Far East to Red Sea. The increase, $300 per TEU, is effective from April 1. The increase is applicable to origins in China, Hong Kong, Taiwan, Macao, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, […]
The Federal Maritime Commission announced earlier this month compromise agreements with eight NVOCCs and related companies that will result in a total of $490,000 in civil penalties. The parties settled and agreed to penalties, but did not admit to violations of the Shipping Act or FMC regulations. The agreements were with: Orient Express Container […]
OOCL announced a general rate increase on its transatlantic services will go into effect on April 1. The company will increase rates on both westbound and eastbound cargo between Europe, Canada, and the United States via Canadian ports by $320 for 20-foot containers and $400 for 40 foot containers. The increase applies to […]
Panalpina on Friday made two key appointments in its global executive team, including naming Robert Erni as the new group chief financial officer. The other major appointment was Ferdinand Kurt, who will become regional chief executive officer for the Americas region. Erni comes from Kuehne + Nagel, where he spent the […]
The Chartered Institute of Purchasing and Supply (Cips) Southern Africa and the University of Pretoria (UP) have partnered to enhance the procurement and supply chain profession in South Africa. The two have signed a memorandum of understanding to collaborate on advocacy and lobbying to enhance the professional status of the supply chain management […]
Kerry Logistics has completed its acquisition of Kerry Salvat Logistics S.A., its former Spanish joint venture. The Hong Kong-based 3PL has purchased the remaining shares of the venture from its partner Salvat Logistica, S.A. The companies did not disclose financial terms. Kerry said that Spain has been a key market for it since 2005. Volumes […]
INTTRA, the ocean-carrier owned e-commerce platform, has reported a 24 percent increase in the use of its global e-commerce facility for the containerized shipping industry. INTTRA expects its transaction growth to be almost four times the 2011 industry volume growth when looking at Drewry Maritime Research’s projected 2011 global container growth of 6.5 percent. In 2011, INTTRA […]
Homeland Security Secretary Janet Napolitano made an unprecedented phonecall to the Commercial Operations Advisory Committee on Tuesday to affirm her commitment to the transformation underway at U.S. Customs designed to facilite cross-border trade.
The ocean carrier Mediterranean Shipping Co. has announced in a newsletter on its Chile Website a series of changes to its hub and spoke network in the Americas based on Cristobal and Balboa. Most importantly it has terminated its USEC-WCSA service beyond Cristobal (on the Caribbean side of the Panama Canal). This loop, on […]
U.S. scrap steel importers have told the Office of the U.S. Trade Representative that a combination of export taxes and recent export port constraints imposed by the Russian government will curtail their access to this market, contravening WTO rules.
Rickmers Holding has hired Mark-Ken Erdmann as deputy chief financial officer effective July 2012, the Hamburg-based carrier said. Edrmann is joining Rickmers, which operates several different cargo vessel divisons, from Bertelmann, a German multinational media company. For Rickmers, he will be responsible for accounting and controlling, tax, IT, human resources, legal affairs, […]
The Caribbean Shipowners Association said Thursday it is increasing the terminal handling charges its lines assess on shipment through Trinidad. The revised THC will be $169 per container from March 25. CSA members lines are Bernuth, CMA CGM, Crowley, Seaboard Marine, SeaFreight, and Zim. The CSA lines also said they will also […]
The U.S. Justice Department said seven people were arrested on charges of trafficking in endangered black rhinoceros horn over the past week in Los Angeles, New York, and Newark, N.J. Special agents of the Fish and Wildlife Service and Immigration and Customs Enforcement (ICE) made the arrests and have issued search warrants in […]
SAP will look at people as a new human social element going forward, thanks to its $3.4 billion acquisition of SuccessFactors, which focuses on cloud-based applications, and the integration of Yammer’s notification and messaging tools that show updates from business suite applications like HR, ERP and CRM. The SuccessFactors software will be […]
New York State’s Department of Environmental Conservation (DEC) said Thursday it will modify ballast water treatment rules that shipping executives said were unachievable with current technology. Had the standards gone into effect next year as originally scheduled, advocates for the industry said ships calling the Port of New York and New Jersey or using […]
The Canada Transpacific Stabilization Agreement member lines said Thursday they are amending their currency adjustment factor from April 1. The eastbound CAF will be 7 percent from all Asia origins, including China and Japan. CTSA members are APL, COSCO Container Lines, Evergreen Line, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming, and […]
Maersk Line said Thursday it plans to increase rates on the Asia-Europe trade from April 1. The increase, $400 per TEU, applies to all Asian ports and all Northern Europe and Mediterranean destinations. “In order to continue offering our broad portfolio of services and high level of reliability it will be […]
CMA CGM said it plans to raise rates on several trades from Asia and the west Mediterranean in March. The proposed increases are: From Asia to the Middle East, $500 per TEU from March 1 From Asia to Sri Lanka, Pakistan, and western India, $150 per TEU from March 1 and another […]
